7 March 2018 Australian Securities Exchange (ASX) Announcement...

7 March 2018
Australian Securities Exchange (ASX) Announcement
Sensera signs additional SMARTBOW multiyear supply agreement
Highlights:
• Sensera signs exclusive supply agreement with farm animal health solution provider SMARTBOW, covering anchor devices developed by nanotron
• Deal terms are confidential but specify revenue of a similar magnitude to the exclusive two-year agreement signed in October 2017 which sees Sensera supply SMARTBOW with nanoLOC chips for its Eartag LIFE product
• Anchor devices capture data from the Sensera chips deployed in Eartags and transfer information from the anchors to the customer’s analytic system
• SMARTBOW and Sensera agree on a technology and cost-reduction roadmap for the supplied devices, based on several thousand dairy farms targeted for deployment in FY19 and FY20
Sensera Limited (ASX: SE1), the leading designer and manufacturer of end-to-end sensor solutions and services for the Internet of Things (IoT), announces that its wholly-owned German subsidiary nanotron Technologies GmbH has entered into an additional exclusive supply agreement with SMARTBOW GmbH, the leading animal positioning and health monitoring company.
The agreement will see nanotron exclusively deliver nanoLOC-based anchor devices, an essential component that enables SMARTBOW’s farm animal health solutions by monitoring its Eartag LIFE product.
SMARTBOW Managing Director, Wolfgang Auer, said:
“SMARTBOW has revolutionized the management of animal health. Our partnership with nanotron on location awareness is critical to our continued expansion in this high growth market. We look forward to both delivering the technology they have today, and also adding additional location and sensor capability to our customers over the long term.”